Kuwait oil price down to US$64.72 pb

KUWAIT, 24th March, 2018 (WAM) — The price of Kuwaiti oil went down three cents to reach US$64.72 per barrel, pb, Friday after it was at US$64.75 pb the day before, said the Kuwait Petroleum Corporation on Saturday.

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Abu Dhabi Ports signs agreement with the China Council for the Promotion of International Trade

ABU DHABI, 24th March, 2018 (WAM) — Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), which is considered the largest free trade zone in the region.

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DP World acquires Cosmos Agencia Maritima in Peru

DUBAI, 18th March, 2018 (WAM) — DP World has announced the acquisition of Cosmos Agencia Maritima S.A.C. (CAM) for US$315.7 million. Based in Peru, CAM owns a fully integrated logistics service business (Neptunia S.A and Triton Transport S.A) that offers end-to-end solutions to its customers.

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